Characterizations of bargaining solutions in production economies with unequal skills.

In production economies with unequal skills, this paper characterizes bargaining solutions by using axioms on allocation rules rather than axioms on classical bargaining solutions. We introduce a new axiom, consistency w.r.t. technological innovations, so that the non-welfaristic characterizations o...

Full description

Bibliographic Details
Published in:Journal of Economic Theory Vol. 108; no. 2; pp. 256 - 286
Main Author: Yoshihara, Naoki
Format: Article
Published: Academic Press Inc. February 2003
Subjects:
Online Access:View this record in EBSCOhost